Events

Parsons Commercial Series with Professor Randall Thomas


2 June 2009

International Executive Pay: Current Practices and Future Trends

This seminar is part of the Ross Parsons Corporate and Commercial Series for 2009.

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About the speaker

Randall Thomas has earned a reputation of being one of the most productive and thoughtful corporate and securities law scholars in the nation. His recent work addresses issues such as hedge fund shareholder activism, executive compensation, corporate voting, corporate litigation and the structure of firms. He joined the Vanderbilt law faculty in 2000 to develop and direct the Law & Business Program, having served previously in on the law faculties of the University of Iowa, the University of Michigan, Duke University, Boston University, and the University of Washington. Prior to teaching law, Professor Thomas was in private practice for four years, and clerked for U.S. District Judge Charles Joiner of the Eastern District of Michigan. An acclaimed teacher, Professor Thomas teaches courses in the area of corporate law, including corporations and securities regulation and directs the law school's LL.M. program and its Summer in Venice academic program.

About the seminar

This seminar compares executive pay practices in the US with those employed elsewhere in the world. Professor Thomas will present his paper which, after providing an overview of current practices, goes on to analyse whether there is likely to be a convergence of these practices. He will examine the influence of market based factors, such as evolving share ownership patterns, cross-border hiring, transnational mergers and acquisitions, and the growth of multinational enterprises, on the likelihood of convergence occurring. Professor Thomas will also discuss the influence of legal regulations, including corporate law, judicial interpretations of fiduciary principles, shareholder voting requirements, restrictions on stock option plans and disclosure rules on comparative executive pay practices. Other legal regimes, such as, tax law, labour law, and "soft" law that might also influence executive compensation will also be scrutinised to see how they will affect pay convergence. Finally, Professor Thomas will consider the effects of culture in several countries and how it impacts compensation levels and practices.

Details regarding the Ross Parsons Corporate and Commercial series are included in the series brochure. To view the brochure, pleaseclick here.


Time: 6.00-7.15pm

Location: Sydney Law School, Building F10, Eastern Avenue, University of Sydney

Cost: $99 (inc GST)

Contact: Events Coordinator

Phone: 9351 0238

Email: 340b347a2d1c1c291d42744d4516087c5750347e261f